The sellers are seeking about $1.2bn to $1.3bn for the business, according to people familiar with the matter. Brookfield has also begun sounding out lenders about financing for a potential acquisition loan. Founded in 2004, World Freight Company invests in general sales and service agencies specialising in air cargo. These agencies represent airlines by selling air freight capacity, managing local operations, and handling services such as cargo tracking and invoicing. A potential deal would represent another example of continued private equity activity in logistics and global supply chain infrastructure, sectors that have attracted strong investor interest in recent years. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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